Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.072%
Price spread now: edgeX against SunX−0.020%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.020%, 7d avg −0.010%
Together, before fees−0.266%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.79700get 0.0000% / 4h1h 31m$7.7M20x
ShortedgeX COPPERUSDC6.7957−0.0004pay 0.0002% / 4h1h 31m$93K$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.76
Price spread: −0.020% → −0.010%
−$0.99
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$18.75
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; edgeX: live order book, 52 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago46.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago7.36 bp12.7 bp −$1324.0 bp −$240doesn't fitdoesn't fit

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0036%4h6.7940−0.044%$87K$149K100xas long as short
QFEX COPPER-USD−0.0015%1h6.7950−0.029%$1.5M$135K20xas long as short
edgeX COPPERUSDCshort−0.0004%4h6.7957−0.020%$93K$318K20x
Aster XCUUSDT0.0000%4h6.7960−0.015%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.79700.000%$8.9M$34.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7937−0.049%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7820−0.221%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7960−0.015%$26.9M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7960−0.015%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7957−0.019%$739K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7981+0.016%$90K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.7970long leg$7.7M20x
HTX COPPER-USDT0.0000%4h6.8000+0.044%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.088%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7935−0.051%$176K250xas long as short
tradeXYZ xyz:COPPER+0.0006%1h6.7920−0.074%$10.4M$5.4M20xas long as short
Lighter XCU+0.0032%1h6.8051+0.119%$476K$45K20xas long as short
Extended XCU-USD+0.0032%1h6.7937−0.048%$231K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7930−0.059%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7962−0.012%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7933−0.054%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7916−0.079%$56K$55K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7951−0.028%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7946−0.035%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7960−0.015%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8030+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7960−0.015%$31110xas long as short
Phoenix COPPER+0.0329%1h6.7938−0.047%$45K$30K20xas long as short